Biz China Weekly: GDP, retail sales, investment, home prices


Source: indiasnews.net indiasnews.net

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BEIJING, July 17 (Xinhua) -- The following are the highlights of China's business news from the past week: GDP China's gross domestic product (GDP) expanded 12.7 percent year on year in the first half of 2021 as recovery continues to firm, data from the National Bureau of Statistics (NBS) showed Thursday. The figure puts average H1 growth for the past two years at 5.3 percent, 0.3 percentage points faster than the two-year average of Q1 growth from the 2019 level, according to the NBS. In the second quarter, the country's GDP grew 7.9 percent year on year, the data showed....